Ryan Weiser

CFP®, ChFC, CLU, CDFA
Personal Finance, Retirement, Investing
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“With over 16 years of experience in the financial industry, Ryan Weiser helps clients make wise financial decisions so they can live their life values and maximize their full life potential.”
Firm:

Weiser Financial Planning

Job Title:

President & Chief Compliance Officer

Biography:

Ryan Weiser founded Weiser Financial Planning LLC after working many years in the corporate world. He chose to open WFP because he wanted to create a business with a noble purpose where he could combine his entrepreneurial side with his passion for helping people to make wise financial decisions. Ryan believes that money is just a tool and that it's important to help people connect their money with the things that are most important to them.

Ryan worked in the financial services industry since 2000 working for several Fortune 500 companies. Over those years he has consulted with hundreds of financial advisors from various financial institutions including banks, insurance companies, wirehouses, and independent broker/dealers. Through this experience he's had the opportunity to help thousands of clients and positively impact their lives.

One of Ryan's driving motivations in building a new financial planning business was to separate from the Wall Street firms, banks, and insurance companies where he is not handcuffed by proprietary products, sales incentives, and conflicts of interest that are intended to maximize company returns at the expense of his clients.  As an independent RIA Ryan and his team are completely free to focus on their clients and what's in their best interest.

Ryan is originally from upstate New York where he often makes quick road-trips back to visit with family and friends. He is a graduate of the State University of New York at Brockport and earned a Bachelor of Science in Mathematics. He has continued his education and passion for financial services by continually growing to be a better advisor and find new ways to improve his clients' lives. In doing so he has earned the Chartered Life Underwriter (CLU®), Chartered Financial Consultant (ChFC®), and Chartered Advisor for Senior Living (CASL®) designations through The American College. He is a CERTIFIED FINANCIAL PLANNER™ professional through the CFP® Board and a Certified Divorce Financial Analyst (CDFA®) practitioner that is awarded through the Institute for Divorce Financial Analysts.

Education:

BS, Mathematics, State University of New York at Brockport

Fee Structure:

Asset-Based
Fixed

CRD Number:

4213512

All Answers
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    401(k), IRAs
Should I maximize a Roth 401(k) account while limiting my traditional 401(k) contributions?
63% of people found this answer helpful

Everyone is familiar with the cliche to not put all of your eggs in one basket.  This is often referenced in the financial world to diversifiying your investments.  Likewise it can be applied to diversifying your future retirement income as well.  Traditional 401k/IRA, pension income, and. social security (depending on combined income) is taxed as ordinary income.  It makes sense to have some tax-free income in retirement from sources such as a Roth IRA and Roth 401k.  Based on your retirement income needs you could manage your future taxes at retirement by withdrawing an amount of taxable income equal to the top amount in a particular tax bracket, without stepping up into a new marginal tax rate.  The remainder of your annual income could then be withdrawn from your Roth’s without impacting your taxable income.

The question shouldn’t necessarily be if you should contribute to a Roth, but rather how much.  As mentioned above the same principles apply to contributing to your traditional and Roth accounts.  Contribute an amount to the traditional 401k that will bring your taxable income down below the current marginal tax bracket.  The remaining contributions can then be directed to the Roth 401k.  

Generally speaking this would help optimize your current pre-tax contibutions while balancing the flexibility of your future taxable income.  Nobody knows what future tax rates will be, but having flexibility allows you to adjust as necesssary.  Additionally, just because someone might be generating a lower income in retirement does not necessarily mean that they will be in a lower tax rate.  We are currently in a relatively low tax environment and Congress can sometime again raise rates in the future.  In other words your taxable income could possibly go down in retirement while the current tax bracket that you fall-in could increase.

A comprehensive fee-only CFP® professional can help you with your specific situation.  

December 2017
    Investing
How should I invest my emergency fund so that I keep earning interest on it?
50% of people found this answer helpful
November 2017
    Debt, Personal Finance
How should we split our funds between a savings account, brokerage account, and car loan?
25% of people found this answer helpful
December 2017
    Investing, 401(k)
How do I begin budgeting?
0% of people found this answer helpful
September 2017
    Investing
What books do you suggest someone with no investing background read to get a basic understanding of investing?
0% of people found this answer helpful
September 2017